29 Sep 2020 | 10:37 PM

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COMPANYNEWS
Intrasoft Technologi posts Q1 net profit of Rs 0.01 cr
  Intrasoft Technologies Ltd. | 16 Jan 2020 | 03:49 PM
Published on 08-13-2019
The company reported standalone net profit during the quarter stood at Rs 0.01 crore compared to net loss of Rs 0.34 crore in the previous year quarter.


Net revenue of the company declined moderately by 14.04 per cent at Rs 1.47 crore in April-June quarter of this fiscal as against Rs 1.71 crore in the corresponding period last year.


During April-June quarter operating expenses dropped by 17.56 per cent to Rs 2.16 crore from Rs 2.62 crore in year ago period.


Other Income grew by 22.47 per cent at Rs 1.09 crore versus (Jun`18 Rs 0.89 crore).


Operating Profit slipped by 23.33 per cent to Rs -0.69 crore as against Rs -0.90 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 10.26 per cent in June quarter.


Interest grew by 800.00 per cent y-o-y to Rs 0.09 crore while Taxation increased by 200.00 per cent at Rs 0.01 crore (Jun`18 Rs -0.01 crore).